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Last edited by ImportBot
June 22, 2010 | History

The American Business Cycle 3 editions

Cover of: The American Business Cycle by Robert J. Gordon
About the Book

In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.

Excerpts

The business cycle has persisted in the postwar period, producing eight separate episodes of systematic fluctuations.
added anonymously.

3 editions

Edition Read Borrow Buy
Cover of: The American Business Cycle
September 1986, Univ of Chicago Pr (Tx)
The American Business Cycle
Hardcover in English
Cover of: The American Business Cycle
January 15, 1990, University Of Chicago Press
The American Business Cycle
Paperback in English
Cover of: The American Business Cycle
2008, University of Chicago Press
The American Business Cycle
E-book in English

History Created October 26, 2009 · 4 revisions Download catalog record: RDF / JSON

June 22, 2010 Edited by ImportBot add details from OverDrive
April 28, 2010 Edited by Open Library Bot Linked existing covers to the work.
February 6, 2010 Edited by WorkBot add more information to works
October 26, 2009 Created by WorkBot add works page